The Political Economy of Monetary Circuits: Tradition and Change in Post-Keynesian Economics

Hardcover | November 24, 2009

EditorSergio Rossi, Jean-francois Ponsot

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This book provides cutting-edge material elaborating on monetary circuit theory and post-Keynesian monetary economics. It contributes to a new approach to monetary analysis, which provides original insights into the complex fields of money, banking, and finance.

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This book provides cutting-edge material elaborating on monetary circuit theory and post-Keynesian monetary economics. It contributes to a new approach to monetary analysis, which provides original insights into the complex fields of money, banking, and finance.

JEAN-FRANÇOIS PONSOT is Associate Professor of Economics at the University Pierre-Mendès-France, Grenoble, France. He has been Post-Doctoral Researcher at the Central Bank of Ecuador, before being hired as Assistant Professor at Laurentian University, Canada. He has published in international journals and scientific books, on dollariz...

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Format:HardcoverDimensions:224 pages, 8.87 × 5.6 × 0.82 inPublished:November 24, 2009Publisher:Palgrave MacmillanLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:023020337X

ISBN - 13:9780230203372

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Table of Contents

Preface: An Alternative (Monetary) Theory of the Market Economy: Work in Progress--F. lgen
Circuit Theory Supplementing Keyness Genuine Analysis of the Monetary Economy of Production--C. Gnos
Bridging the Gap between Monetary Circuit Theory and Post-Keynesian Monetary Theory--J. Jespersen
Monetary Circuit Theory and Money Emissions--S. Rossi
The Existence of Profits within the Monetary Circuit: Some Unanswered Questions Revisited--L. Rochon
Saving, Firms Self-Financing, and Fixed Capital Formation in the Monetary Circuit--J. Bailly
Finance and the Realization Problem in Rosa Luxemburg: a Circuitist Reappraisal--R. Bellofiore and M. Passarella
Money, Capital Turnover, and the Leisure Class: Thorstein Veblens Tips for a Monetary Theory of Production--G. Forges-Davanzati and R. Realfonzo
From Wicksell to Keynes? Some Thoughts on the Role of a Central Bank in the Tradition of Monetary Circuit Theory--S. Figuera
The Dynamics of the Monetary Circuit--S. Keen
The Financialization of Modern Economies in Monetary Circuit Theory--M. Pilkington